Saturday, April 4, 2020

Market Analysis of the 6th of April 2020 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Daily charts: Some trends this week but stay prudent due to the high volatility on the market.

Click on the Menu on "Market Analysis" for all the analysis.

EUR/USD: The price has dropped this week and it is below the alligator which has its lines pointing towards the south direction again. The ewave has just crossed the zero line, look for shorts.
GBP/USD: Bearish wave 3, pullback, the price is still inside the alligator, patience.
USD/JPY: Up and down chart but the price is more stabilized this week, stay on the sidelines.
USD/CHF: Up and down chart, little push of the price which is above the alligator, look for longs with prudence.
AUD/USD: Bearish wave 3, the prices went down again this week and it is below the alligator, look for shorts, .
EUR/JPY: Up and down chart but huge drop of the price this week breaking the lower level of the fractal box, the ewave has crossed the zero line, look for shorts.
USD/CAD: Bullish wave 3, pullback, the price is just above the box, patience or look for longs but with prudence.
NZD/USD: Bearish wave 3, the price went down this again week and its below the alligator, look for  shorts .
XAU/USD: Up and down chart but the price is more stabilized just above the alligator, patience.

For orientation/direction of trades, click  "Signals" in the menu (From the 6th of April 2020 from 8.30 am GMT+1)


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